VanEck Commodity Strategy ETF (PIT)
49.83
+0.25
(+0.50%)
USD |
BATS |
Apr 23, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.55% | 0.00% | 24.91M | 5259.20 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
5.94% | 0.00% | -9.39M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, in exchange-traded commodity futures contracts, exchange-traded and over-the-counter (“OTC”) commodity-linked instruments, and pooled investment vehicles, including exchange-traded products (“ETPs”) that provide exposure to commodities (“Commodity Instruments”) and Cash and Fixed Income Investments. It does not invest in commodities directly. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Commodities |
Broad Category | Commodities |
Category Name | Commodities Broad Basket |
Category Index | Bloomberg Commodity TR USD |
Global Category Name | Commodities Broad Basket |
YCharts Categorization | Commodities |
YCharts Benchmark | Bloomberg Commodity Index Total Return (^BCTR) |
Prospectus Objective | Specialty - Unaligned |
Fund Owner Firm Name | VanEck |
Prospectus Benchmark Index | |
N/A | 100.0% |
Broad Asset Class Benchmark Index | |
^BCTR | 100.0% |
Manager Tenure | |
David Schassler | 1.28 yrs |
John Lau | 1.28 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, in exchange-traded commodity futures contracts, exchange-traded and over-the-counter (“OTC”) commodity-linked instruments, and pooled investment vehicles, including exchange-traded products (“ETPs”) that provide exposure to commodities (“Commodity Instruments”) and Cash and Fixed Income Investments. It does not invest in commodities directly. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Commodities |
Broad Category | Commodities |
Category Name | Commodities Broad Basket |
Category Index | Bloomberg Commodity TR USD |
Global Category Name | Commodities Broad Basket |
YCharts Categorization | Commodities |
YCharts Benchmark | Bloomberg Commodity Index Total Return (^BCTR) |
Prospectus Objective | Specialty - Unaligned |
Fund Owner Firm Name | VanEck |
Prospectus Benchmark Index | |
N/A | 100.0% |
Broad Asset Class Benchmark Index | |
^BCTR | 100.0% |
Manager Tenure | |
David Schassler | 1.28 yrs |
John Lau | 1.28 yrs |